Group 1 credits technology for decent Q1 used sales and margins
Image courtesy of Group 1 Automotive.
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Monday, May. 6, 2024, 02:23 PM
Alysha Webb, Correspondent
Group 1 Automotive’s first quarter used-vehicle sales were not bad given used-car price volatility in recent times. Its executives credited using technology in part for the results.
“Given the speed and depth that the industry used car valuations declined in the U.S., during the latter half of 2023, we are pleased with ...